California State Controller Malia M. Cohen announced that applications for the Property Tax Postponement (PTP) Program are being processed beginning Oct. 1, 2026. The program allows eligible homeowners who are at least 62, blind or have a disability to defer property taxes on their primary residence. Applicants must have had total household income of $57,002 or less in 2025, at least 40% equity in the property and no reverse mortgage, while owning and occupying the home. Funding is limited, applications are handled in the order received and the filing deadline is Feb. 10, 2027. Approved accounts are secured by a lien on real property or a security agreement for manufactured homes, and participants must reapply annually. Eligible homeowners postponed almost $7.7 million in residential property taxes last year.